Wolseley plc (WOSYY) Earns Hold Rating from Analysts at Investec
Equities researchers at Investec began coverage on shares of Wolseley plc (NASDAQ:WOSYY) in a research note issued to investors on Wednesday. The firm set a “hold” rating on the stock.
Several other research firms also recently commented on WOSYY. Zacks Investment Research raised shares of Wolseley plc from a “sell” rating to a “hold” rating in a research report on Saturday, September 24th. Goldman Sachs Group Inc. initiated coverage on shares of Wolseley plc in a research report on Monday, October 3rd. They set a “neutral” rating for the company. Jefferies Group cut shares of Wolseley plc from a “buy” rating to a “hold” rating in a report on Friday, August 5th. Beaufort Securities restated a “hold” rating on shares of Wolseley plc in a report on Wednesday, September 28th. Finally, Liberum Capital upgraded shares of Wolseley plc from a “hold” rating to a “buy” rating in a report on Friday, June 17th. One research analyst has rated the stock with a sell rating, six have assigned a hold rating and two have assigned a buy rating to the company. Wolseley plc currently has a consensus rating of “Hold”.
Wolseley plc (NASDAQ:WOSYY) traded down 0.37% on Wednesday, reaching $5.43. 123,503 shares of the company’s stock traded hands. Wolseley plc has a 52-week low of $4.60 and a 52-week high of $6.06. The stock has a market cap of $13.85 billion and a price-to-earnings ratio of 19.77. The company’s 50 day moving average is $5.67 and its 200-day moving average is $5.55.
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Wolseley plc Company Profile
Wolseley plc is a Switzerland-based specialist trade distributor of plumbing and heating products and building materials in North America, the United Kingdom and Continental Europe. The Company operates in seven segments: USA, UK, Canada, Nordic, France, Central and Eastern Europe, and Group. The Group has a network of distribution centers which serve branches for its plumbing and heating businesses with 2,917 branches across 11 countries.
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